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Restaurant with Banquet Room
For Lease
$3,000/Mo

708 Complex Drive, Grand Rivers, KY 42045

A commercial kitchen, dining furnishings, and an event room with its own mini-kitchen are in place.

Space SizeContact for details
Property Size4,590 SF
Days on Market119

Property Features for 708 Complex Drive

General Information

Standard status Active
Size 4,590 SF
Property subtype Business

Space & Availability

Space Use Restaurant
Furnished Yes

Site & Location

Traffic Count 1,600 vehicles/day
Highway Access Yes

Restaurant

Equipment Included Yes
Liquor License Yes
Second-Generation Restaurant Yes
Walk-In Cooler/Freezer Yes

Amenities

banquet room

Building Details

Building Size 4,590 SF
Year Built 1987
Listing Agency: Elite Realty
Listed By: Lisa Humphrey · License #276371
Source: Sirkrealty
Added: Jul 6 Changed: Oct 31 Last Checked: Oct 31 at 2:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Realty

Rey
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Investment Insights

Based on property information with market context.

This restaurant property contains 4,590 square feet and was built in 1987. The interior includes a commercial kitchen, walk-in freezer, tables, and chairs. A separate banquet room with a mini-kitchen provides space for meetings and events.

The property is just off Exit 31 of I-24. The stated traffic count is approximately 1,600 vehicles per day. A liquor license may be available following an accepted application.

Key Highlights

  • 4,590‑square‑foot restaurant building constructed in 1987
  • Commercial kitchen and walk‑in freezer
  • Banquet room includes a mini‑kitchen

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Restaurant Grocery & Convenience Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1,600 VPD
Traffic count
Yes
Highway access
Yes
Liquor license
NNN (Triple Net)
Lease Type
$1.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 42045, KY

2,150
Population
1,219
Households
1.8
Avg Household Size
50
Median Age
14%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
53
Density / Sq Mi
$47,230
Median Household Income
$30,912
Median Earnings
$878
Median Rent
$95,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A commercial kitchen, dining furnishings, and an event room with its own mini-kitchen are in place.
Where is this conventional restaurant located?
The property is located at 708 Complex Drive Grand Rivers, KY.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 4,590‑square‑foot restaurant building constructed in 1987; Commercial kitchen and walk‑in freezer; Banquet room includes a mini‑kitchen
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